Federal court billionaire black Creek, again the brush-off

The art collector and Dolder-Hotelier Urs E. Schwarzenbach have to corners another defeat: The Federal court has rejected a number of his complaints. The billionaire demanded summarized that the Zurich Betreibungsamt securities should be free in the amount of 200 million Swiss francs.

These securities have not been blocked, residues in 2016 by the authorities due to black-and-Bach's a large tax refund. The art collector argued in his complaints, but that he had his domicile in Switzerland and, therefore, are no longer needed.

His applications were rejected from the Zurich courts, on the grounds that the lifting of the seizure did not fall within the jurisdiction of the courts. It could only be by the authority arranged to have decided on this measure, ruled that the Zurich high court.

45'000 Swiss francs for litigation costs

In ten to Decide, which were released on Monday, upheld the Federal court's view of the Zurich upper court. Instead of his blocked 200 million francs, the billionaire receives an invoice more than 45'000 Swiss francs for the costs of litigation.

black Bach is available for a number of years in conflict with the Federal customs administration and the tax authorities of the Confederation and the Canton of Zurich. The collector is accused of works of art illegally into Switzerland. In addition, he acted in the larger style with works of art, without declaring this activity.

the climax of the confrontation the police RAID in the Hotel Dolder in March 2017, as the authorities seized around 30 works that were exhibited in the hotel rooms. Already in April 2013, searched, the customs administration black Bach, Villa Falkenstein in Zurich, and seized documents about his art.

(case numbers: 5A_141/2018, 5A_142/2018, 5A_143/2018, 5A_144/2018, 5A_145/2018, 5A_147/2018, 5A_149/2018, 5A_152/2018, 5A_152/2018, 5A_153/2018 of 13. December 2018) (lop/sda)

Created: 21.01.2019, 15:22 PM